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FormFactor insider plans sale of 17,510 shares

Rule 144 filing shows planned sales of FormFactor common stock by Mike Slessor plus recent share-sale history.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

FORMFACTOR, INC. (FORM) has a notice under Rule 144 indicating that Mike (Michael) David Slessor plans to sell common stock through Morgan Stanley Smith Barney LLC. The filing covers up to 6,412 shares of restricted stock and 11,098 performance share units, all dated August 1, 2025.

The notice also lists prior sales by Mike Slessor over the last three months, including 16,002 common shares on August 14, 2026 and 4,735 common shares on July 15, 2026, with corresponding aggregate values reported for each sale.

Positive

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Negative

  • None.
Total shares covered 17,510 shares Common shares covered by the Rule 144 notice
Restricted stock shares 6,412 shares Restricted stock listed to be sold, dated August 1, 2025
Performance share units 11,098 shares Performance shares listed to be sold, dated August 1, 2025
Recent sale shares (August 14, 2026) 16,002 shares Common shares sold in a single transaction
Aggregate value (August 14, 2026 sale) 2,095,492.30 Aggregate value for 16,002 common shares sold
Recent sale shares (July 15, 2026) 4,735 shares Common shares sold in a single transaction
Aggregate value (July 15, 2026 sale) 560,197.38 Aggregate value for 4,735 common shares sold
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 08/01/2025 | Restricted Stock | ISSUER"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Performance Shares financial
"Common | 08/01/2025 | Performance Shares | ISSUER"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
NASDAQ market
"78120725 | 09/16/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Rule 144 notice disclose for FORMFACTOR INC (FORM)?

The notice states that Mike (Michael) David Slessor intends to sell FormFactor common stock under Rule 144 through Morgan Stanley Smith Barney LLC, including restricted stock and performance shares dated August 1, 2025.

How many FORM (FormFactor) shares are covered by the planned Rule 144 sale?

The filing covers a total of 17,510 common shares, consisting of 6,412 restricted stock shares and 11,098 performance share units, all listed with an acquisition date of August 1, 2025.

What recent FormFactor (FORM) stock sales by Mike Slessor are disclosed?

The notice lists sales of 16,002 common shares on August 14, 2026 for an aggregate value of 2,095,492.30 and 4,735 common shares on July 15, 2026 for an aggregate value of 560,197.38.

Which broker is handling the planned Rule 144 sale for FORM stock?

The Rule 144 notice identifies Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, as the broker handling the planned sale of FormFactor common stock.

On which market is FormFactor (FORM) common stock listed in this notice?

The securities information section identifies the trading market as NASDAQ for the FormFactor common stock related to this Rule 144 filing.

Who is the person for whose account the FORM shares are to be sold?

The person for whose account the securities are to be sold is Mike (Michael) David Slessor, whose address is given as 7005 Southfront Road, Livermore, California 94551.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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